Posts Tagged ‘eurozone’

Inflation in the eurozone slips to 5.5% but more central bank rate hikes planned

The European Central Bank, along with its peers around the world, has been rapidly raising interest rates to combat inflation Source

Eurozone Factory Output Returned to Growth in February: PMI

LONDON—Overall activity in the eurozone’s manufacturing sector contracted again in February but output increased for the first time since May as supply chains continued to heal, a survey showed on Wednesday. S&P Global’s final manufacturing Purchasing Managers’ Index (PMI) dipped to 48.5 in February from January’s 48.8, in line with a preliminary reading but still […]

Eurozone inflation dips to 8.5%, but will interest rates go up on Thursday?

Eurozone inflation dips to 8.5%, the third monthly fall in a row. Economists suggest the key indicator may prompt the European Central Bank to raise interest rates on Thursday. Source

Eurozone Second Quarter Growth Revised Up, Supported by Household Spending

A shopper pays with a euro bank note in a market in Nice, France, on April 3, 2019. (Eric Gaillard/Reuters) BRUSSELS—Eurozone economic growth was stronger than previously estimated in the second quarter, data showed on Wednesday, as household spending recovered after half of year of stagnation despite the squeeze on disposable income from spiraling inflation. […]

Eurozone annual inflation hits a record at 9.1% in August

Inflation in the eurozone hit another record in August at 9.1%, fueled by soaring energy prices mainly driven by Russia’s war in Ukraine. That’s according to the latest figures released Wednesday by the European Union statistics agency Eurostat. Annual inflation in the 19 countries was up from 8.9% in July. It’s at the highest level since […]

How is the EU addressing rising energy prices and record inflation in the Eurozone?

How is the EU addressing rising energy prices and record inflation in the Eurozone? We spoke to the European Commissioner for Economy, Paolo Gentiloni, to find out. Source

If the US Adopts Eurozone Policies, the Jobs Recovery Will Suffer

The employment recovery in the United States is as impressive as the collapse due to the lockdowns. In April I wrote a column stating that “The U.S. Labor Market Can Heal Quickly,” and the improvement has been positive. Very few would have expected the unemployment rate to be at 8.4 percent in August after soaring to almost 15 […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Eurozone unemployment rose to 7.9% in July despite COVID measures easing in many countries

July was marked by some relaxation of COVID-19 measures in many EU Member States, but despite this, the seasonally-adjusted unemployment rate in the eurozone went up to 7.9% from 7.7% in June. While these figures indicate a worsening situation, they remain below those seen during the European sovereign debt crisis, when unemployment reached a record […]

Why the Eurozone and the Euro Are Both Doomed

Beneath the permanent whatever it takes “rescue” by the European Central Bank (ECB) lie fundamental asymmetries that doom the euro, the joint currency that has been the centerpiece of European unity since its introduction in 1999. The key imbalance is between export powerhouse Germany, which generates huge trade surpluses, and its trading partners, which run large trade and […]

Blow for EU as Czech’s REJECT eurozone entry: ‘Just 30% want it’

While financial experts say they country could sign up as the general conditions are right, leader Milos Zeman has said that the people are against the move. He said: “We have been fulfilling the Maastricht criteria, but there is a mental barrier to its adoption. A mere 30 per cent of Czechs are in […]

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